[Wed, 23 Oct 2024 18:09:41 +0300]

Singapore - Saba:
Gold prices rose to new record highs on Wednesday, as demand for safe-haven assets increased amid global uncertainty due to conflicts in the Middle East and the approaching US elections.

According to Reuters, the price of gold in spot transactions rose to $ 2749.82 an ounce after hitting an all-time high of $ 2750.21 earlier in the session.

US gold futures rose 0.2 per cent to $2764.

In other precious metals, silver in spot transactions fell 0.5 per cent to $34.67 an ounce after reaching its highest level since late 2012 at $34.87 in the previous session... Platinum rose 0.5 per cent to $1033.88 an ounce. Palladium added 0.3 per cent to $1078.72.

Facebook

Whatsapp

Telegram

Email

Print

more of (Economy)

U.S. economy contracts in Q1 amid rising imports European stocks close higher Russia: Free trade agreement between Moscow, Tehran to enter into force next month Iraq prepares to launch global investment forum in early June European Union is considering reducing its purchases of American weapons Gold rebounds on buying despite hopes for U.S-China trade deal IMF: US recession risks increase EU Plans Roadmap to Abandon Russian Energy Resources Gold prices deepen losses, dropping below $3,300 per ounce Muscat Stock Exchange Index closes lower